227 E BALTIMORE STREET E, BALTIMORE, MD 21202
BALTIMORE CITY County
Key Facts
Description
Fully Leased Downtown Baltimore Investment | 7.49% Cap Rate | $699,000 Positioned in the heart of Downtown Baltimore, this 100% leased, two-level commercial building offers investors a rare opportunity to acquire a stabilized, income-producing asset in a high-visibility corridor. The property is fully occupied by two established tenants, providing immediate cash flow and diversified income streams. Offered at $699,000, this asset delivers a strong 7% cap rate, making it an attractive addition to any investment portfolio. Located along E Baltimore Street, the property benefits from: Excellent foot traffic and street exposure Proximity to major downtown anchors, offices, retail, and dining Easy access to public transportation and commuter routes A growing urban environment with continued redevelopment activity This is a turnkey investment with stable in-place income and potential upside through future rent growth in one of Baltimore’s most active commercial corridors.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1900
Living Area
6,885 sq ft
Lot Size
0.05 acres
Zoning
C-5TO
Days on Market
37
MLS® Listing#
MDBA2209698
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Utilities
Sewer
Water Source
Schools
- District:
- BALTIMORE CITY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$6,436
Tax year 2025
Assessed Value
$272,700
Parcel Number
0304110650 012
Directions
Use GPS 227 E Baltimore Ave, Baltimore MD 21202
Affordability Calculator
$139,800
Estimated monthly payment
$3,720/mo
Principal $559,200 · Est. interest $780,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in BALTIMORE, MD
- $230,719
- Median Listing Price
- 56
- Median Days on Market
- 1,503
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 3,441
- Active Listings
- This home’s price is 203% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in BALTIMORE, MD.
Location
Getting Around
Points of Interest in BALTIMORE, MD
Showing the BALTIMORE area map.
Nearby Schools
Johns Hopkins Hospital Schools of Medical Imaging
School · 0.3 mi away
Tong le Montessori School
Elementary · 0.3 mi away
Treasures Day Care Center
School · 0.5 mi away
Baltimore Leadership School for Young Women
Secondary · 0.5 mi away
The Loyola School
School · 0.7 mi away
Baltimore School for the Arts
Secondary · 0.7 mi away
The Wilkes School at Grace and St. Peter's
School · 0.7 mi away
Hera's Income Tax School
School · 0.7 mi away
Connections Academy
School · 0.7 mi away
City Springs Elementary Middle School
Elementary · 0.8 mi away
Paul Laurence Dunbar High School
Secondary · 0.8 mi away
Dunbar High Football Field
Secondary · 0.8 mi away
Eager Street Academy
School · 0.8 mi away
Federal Hill Preparatory School
Elementary · 0.8 mi away
National Academy Foundation
School · 0.9 mi away
Naf Baltimore Middle and High School
Secondary · 0.9 mi away
Digital Harbor High School
Secondary · 0.9 mi away
Mother Mary Lange Catholic School
Elementary · 0.9 mi away
The Crossroads School
Secondary · 0.9 mi away
Sharp-Leadenhall Elementary School
Elementary · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2937 DILLON STREET, BALTIMORE, MD | $490,000 | 3 | 4 | 1,850 |
| 9046 NAYGALL ROAD, BALTIMORE, MD | $490,000 | 4 | 4 | 2,513 |
| 115 W FORT AVENUE, BALTIMORE, MD | $490,000 | 3 | 3 | 2,112 |
| 608 RESERVOIR STREET, BALTIMORE, MD | $494,000 | 4 | 3 | 2,720 |
| 8231 FAIRBROOK ROAD, BALTIMORE, MD | $494,999 | 2 | 4 | 2,161 |
| 2024 E BALTIMORE STREET E, BALTIMORE, MD | $495,000 | 5 | — | 2,890 |
Moving Cost Estimate
EXIT Agents in BALTIMORE
Listing Courtesy: Samson Properties - 7033788810